{"id":26317,"date":"2024-08-28T20:10:06","date_gmt":"2024-08-28T20:10:06","guid":{"rendered":"http:\/\/108026794"},"modified":"2024-08-28T20:10:06","modified_gmt":"2024-08-28T20:10:06","slug":"openai-in-talks-to-raise-funding-that-would-value-it-at-more-than-100-billion","status":"publish","type":"post","link":"https:\/\/wp.worldtechguide.net\/openai-in-talks-to-raise-funding-that-would-value-it-at-more-than-100-billion\/","title":{"rendered":"OpenAI in talks to raise funding that would value it at more than $100 billion"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/wp.worldtechguide.net\/wp-content\/uploads\/2024\/08\/openai-in-talks-to-raise-funding-that-would-value-it-at-more-than-100-billion.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p><span class=\"HighlightShare-hidden\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108026796\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>In this photo illustration OpenAI icon is displayed on a mobile phone screen with the photo of Sam Altman, chief executive officer of OpenAI.<\/p>\n<p>Didem Mente | Anadolu | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.<\/p>\n<p>Thrive Capital is leading the round and will invest $1 billion, according to a source with knowledge of the matter who asked not to be named because the details are confidential.<\/p>\n<p>Earlier this year, OpenAI was valued at a reported $80 billion from $29 billion the prior year. Annualized revenue reportedly surpassed $2 billion earlier this year. Growth took off in late 2022 after the company launched its ChatGPT chatbot and has continued as it rolled out products for businesses and expanded into AI-generated photos and videos.<\/p>\n<p>The Wall Street Journal was <span class=\"waslinkname\">first to report<\/span> on the talks and said that <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-2\"><span class=\"waslinkname\">Microsoft<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span>, which is OpenAI&#8217;s biggest backer, is also participating in the round. Microsoft declined to comment.<\/p>\n<p>The news follows <span class=\"waslinkname\">OpenAI<\/span>&#8216;s announcement last week that it would <span class=\"waslinkname\">debut a prototype<\/span> of its search engine, called&nbsp;<span class=\"waslinkname\">SearchGPT<\/span>, which aims to give users &#8220;fast and timely answers with clear and relevant sources.&#8221;<\/p>\n<p>The company said it eventually plans to integrate the tool, which is currently being tested with a small group of users, into its ChatGPT chatbot.<\/p>\n<p>The rollout could have implications for Google and its dominant search engine. Since the launch of ChatGPT,&nbsp;<span class=\"waslinkname\">Alphabet<\/span>&nbsp;investors have been concerned that OpenAI could take market share from Google in search by giving consumers new ways to seek information online.&nbsp;<\/p>\n<p>With this prototype, OpenAI is testing the waters for doing just that, promising users the chance to &#8220;search in a more natural, intuitive way&#8221; and ask follow-up questions &#8220;just like you would in a conversation.&#8221;<\/p>\n<p>&#8220;We think there is room to make search much better than it is today,&#8221; OpenAI CEO Sam Altman wrote Thursday in a&nbsp;<span class=\"waslinkname\">post<\/span>&nbsp;on X.<\/p>\n<p>An OpenAI spokesperson declined to comment.<\/p>\n<p><em>CNBC&#8217;s Jordan Novet contributed to this report.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this photo illustration OpenAI icon is displayed on a mobile phone screen with the photo of Sam Altman, chief executive officer of OpenAI. Didem Mente | Anadolu | Getty Images OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":26318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"hashtags":[],"class_list":["post-26317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","has-thumb","has-featured"],"_links":{"self":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/26317"}],"collection":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/comments?post=26317"}],"version-history":[{"count":0,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/26317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media\/26318"}],"wp:attachment":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media?parent=26317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/categories?post=26317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/tags?post=26317"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/hashtags?post=26317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}